SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India loses fastest growing domestic aviation market tag in March

05 May 2017 Evaluate

Demonetisation move seems to have taken its toll on the aviation sector too, as India lost its fastest growing domestic aviation market tag to China in the month of March, posting a lower domestic revenue passenger kilometres (RPK) growth rate. According to International Air Transport Association’s (IATA) latest report, the country’s RPK growth rate dropped in March to 14.6 per cent from 17 per cent in February, mainly because of demonetization move, which has brought it down to the third position among major aviation markets like Australia, Brazil, China, Japan, Russia and the US for the month.

The report further said that India was at the top of the global charts for the domestic air passenger growth for 23 straight months until February. Besides, the country had also posted over 20 per cent growth in domestic passenger market for 13 consecutive months until January this year. Though, IATA noted that even if the demand for domestic air travel has witnessed drop, it was still twice that of the global average which stood at 7.6 per cent in March.

China overtook India as the fastest growing domestic market with passenger traffic at 15.1 per cent, posting the fastest year-on-year domestic growth rate for the first time in two years due to its robust services sector growth as well as supply developments. Global passenger traffic demand rose 6.8%, compared to the same month a year ago, while capacity grew 6.1% and load factor climbed by half a percentage point to 80.4% for the month of March.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: